In the worldwide recession that started in 2008,some international organizations were laying off workers in some countries while simultaneously hiring workers in other countries in which they have operations.

Question

Quizplus · Accepted Answer

This is true. Many companies adopted this strategy of laying off workers in countries with weaker economies while hiring workers in countries where they had successful operations and growth opportunities. This was done to cut costs and stay competitive in challenging market conditions.

In the Worldwide Recession That Started in 2008,some International Organizations